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. >> it's also the worst bill passed by the united states congress reauthorized 98-0. >> and steps with the liberty and-- >> susan rice was unanimously approved and that's okay. >> now who we didn't talk about was hillary clinton, the originally the sender of this. >> is she still in australia? >> i don't know where she is now, but anyway, she's going to testify in mid december, right before christmas. and hyperbole bob. >> and please. this is bob's opinion. when we come back. >> obviously. >> all of this infighting in the republican party a good thing or a bad thing? we'll discuss that ahead. ♪ come on, baby, let's go boot scootin' ♪ ♪ cadillac, blackjack, baby meet me out book, we're gonna boogie ♪ looking back, it's amazing how far i've come. shriners hospitals have everything to do with that. i was in an accident. i was burned. i lost my hands, my feet. i really thought my life was over. shriners did a lot more than just heal me. they helped me put my whole life back together. caitlin's life is one of nearly a million changed by donations from people like you. send your love
. >> it's also the worst bill passed by the united states congress reauthorized 98-0. >> and steps with the liberty and-- >> susan rice was unanimously approved and that's okay. >> now who we didn't talk about was hillary clinton, the originally the sender of this. >> is she still in australia? >> i don't know where she is now, but anyway, she's going to testify in mid december, right before christmas. and hyperbole bob. >> and please. this is bob's...
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. >> can'tou see bill clinton getting on the phone to barack obama and saying, you remember what i did back in 19 whenever. i made the republicans' response will be closing down the government. they never got over it. destroy them. lou: i think that actually i would not be surprised if bill clinton is not orchestrated the whole thing right now, if you will, behind the curtain. >> i would not be surprised if president obama was on the phone with a regular basis with former president clinton talking about what occurred in 95. they did force the government shut down and it was the end of republicans for a while. it was pretty extraordinary. >> barack obama campaigned on this issue. think he will dig his heels in, and he very successfully painted republans as obstructionists. that is at it will be blamed i agree with you. i think he will dig his heels in. not so sure that the republican leaders will dig their heels and on the taxhikes. i'm not sure where this will go. a see a potential for republicans giving, not barack obama. >> i would like to say that i see a potential for both mcconnel
. >> can'tou see bill clinton getting on the phone to barack obama and saying, you remember what i did back in 19 whenever. i made the republicans' response will be closing down the government. they never got over it. destroy them. lou: i think that actually i would not be surprised if bill clinton is not orchestrated the whole thing right now, if you will, behind the curtain. >> i would not be surprised if president obama was on the phone with a regular basis with former president...
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in 1996, bill clinton won big. you know who else won big? me. when i went back in january of 1997, was i willing to work any more after bill clinton won the election than before? no. a lot of republicans that won an election in the house as well. i just say that to say the president can go ahead -- and to follow up on david, he could do brinkmanship if he wants. a lot of these guys have spent the last couple years in the house standing up to the president going after him aggressively. he got re-elected. >> and the government's organized the same way. >> yes. if the president wants to engage in brinksmanship, he can. >> the message they took from their own re-election in their district was go back to washington and fight the president. don't cooperate with what he wants to do. >> right. >> all right, josh -- >> that's what i'm saying, brinksmanship seems to be short-sighted right now. i think instead of flying all across the country and spending taxpayer dollars on air force one and your security detail, could you just try inviting people over to
in 1996, bill clinton won big. you know who else won big? me. when i went back in january of 1997, was i willing to work any more after bill clinton won the election than before? no. a lot of republicans that won an election in the house as well. i just say that to say the president can go ahead -- and to follow up on david, he could do brinkmanship if he wants. a lot of these guys have spent the last couple years in the house standing up to the president going after him aggressively. he got...
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there are a lot of democrats that were very upset with bill clinton during the late '80s and early '90s. they obviously won the white house back in 1992 because they nominated a moderate to center democrat that could win independents and women and people of color and so forth? >> there is an article that the tea party is over. that obviously is the right of the right fringe element of the republican party. very hard line. they certainly had a bigger voice when more of those supported members were elected to congress in 2010, but is that accurate? do you think the tea party is over for extreme conservea tichl? >> time will tell. clearly last tuesday voters didn't express happiness or support for the tea party very clearly. the question will be whether the republican party tries to move as jonathan just described, kind of moderates their message or still beholden to that kind of extreme part of the party? we're starting to see a few dfrs say we should have flexibility on the tax revenue question but talking about it and action are two very different things. i think we'll know soon. >> is
there are a lot of democrats that were very upset with bill clinton during the late '80s and early '90s. they obviously won the white house back in 1992 because they nominated a moderate to center democrat that could win independents and women and people of color and so forth? >> there is an article that the tea party is over. that obviously is the right of the right fringe element of the republican party. very hard line. they certainly had a bigger voice when more of those supported...
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just like democrats were done and so likely when bill clinton in 1994, well, they weren't. he wasn't. something happened along the way, each way, each day, they say it's humbling to lose, but i think it it should be even more humbling to win, to see in the moment that it is only a moment. that in a moment it could change. many times. my dad was a very wise man armed with only a high school education. he had a doctorate in something i like to call life. he got it. and he urged me and my brother and sisters to get this. never become so arrogant that you risk showing others you're an ass and never greater than when things are going your way, because contrary to what you think, people won't remember how you handled things when the chips were down, but how you handled them when the chips were up. democrats now, like republicans two years ago, would be wise to remember that. and fame is fleeting, success even more so. just remember, americans elected you to get a job done and if you can't do it in the next election, well, find someone who can. you don't have to take it from me. t
just like democrats were done and so likely when bill clinton in 1994, well, they weren't. he wasn't. something happened along the way, each way, each day, they say it's humbling to lose, but i think it it should be even more humbling to win, to see in the moment that it is only a moment. that in a moment it could change. many times. my dad was a very wise man armed with only a high school education. he had a doctorate in something i like to call life. he got it. and he urged me and my brother...
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>> just as with bill clinton, got us to raise taxes, i don't think the tax increases we did under clinton as i recall talking about $36, the notion there were people out there having marginal rates going up by 36,000 are going to say oh well, this is not worth it. i don't think the tax increases we voted under clinton caused the great economic boom but they did not correct it. and in favor of raising taxes, despite the fact he was raising taxes, the development is republican efforts to beat him over the head, it helped him some, but the fact that it was neutral and beyond that, what that stands for was relevant, mandate against severe cuts in domestic spending against severe cuts in medicare. the republicans on the one hand, a major argument about medicare, cut $700 billion you shouldn't have done that so there is a mandate for avoiding the kind of cuts to domestic programs that were important out of this election. mitt romney did as a favor of advocating for significantly increased military spending. first-time candidate for president said we don't need that. we are better off and that w
>> just as with bill clinton, got us to raise taxes, i don't think the tax increases we did under clinton as i recall talking about $36, the notion there were people out there having marginal rates going up by 36,000 are going to say oh well, this is not worth it. i don't think the tax increases we voted under clinton caused the great economic boom but they did not correct it. and in favor of raising taxes, despite the fact he was raising taxes, the development is republican efforts to...
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bill clinton. >> i did not have sexual relations with that woman. impeached after the lewinsky mess. . that's trouble for roughly 100% of reelected presidents since 1972. enough to give you second thoughts about that second term. so, is there anything the obama team can do to prevent this? now, as bill clinton might say -- >> it depends upon what the meaning of the word is. >> the fact is, if there is going to be a second term scandal, it's seeds were probably sewn in the first term. the watergate break in, nixon's first term -- >> if the obama team was going to mess up, history suggests they already did. maybe it's something that has made headlines already, but maybe not, the lewinsky scandal didn't surface in 1998, maybe the obama administration will make it's own history and avoid a second term scandal. if not, disney world will seem very appealing. >> in the president's news conference, he said he was well aware of the history of presidential overreach in second terms. you get the sense of anyone that much aware of presidential history knows tha
bill clinton. >> i did not have sexual relations with that woman. impeached after the lewinsky mess. . that's trouble for roughly 100% of reelected presidents since 1972. enough to give you second thoughts about that second term. so, is there anything the obama team can do to prevent this? now, as bill clinton might say -- >> it depends upon what the meaning of the word is. >> the fact is, if there is going to be a second term scandal, it's seeds were probably sewn in the...
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i wonder how much that one is going for that bill clinton put in the white house time capsule in 1999. that one we're told is still there. >> you have a good memory, kayla. thank you very much. very sad story there. kayla tausche. >>> new proof today despite a still struggling economy consumers are still spending hundreds of millions of dollars on entertainment. staggering figures on a new smash movie and a new smash video game. julia boorstin is crunching numbers in l.a. hi. >> hi to you, simon. the fifth and final twooit light film "breaking dawn part 2" grosses $30.4 million thursday night at midnight's screenings here in the u.s. that's the third biggest u.s. opening ever putting the film on track to -- for as much as $150 million at the u.s. box office this weekend, making "twilight" one of the biggest franchises ever. internationally it is also off to massive start, setting single-day records for the year in both italy and france. this certainly makes lionsgate $412 million acquisition of summit which produces the movie look like a pretty good deal. >>> block ops 2 had the bigge
i wonder how much that one is going for that bill clinton put in the white house time capsule in 1999. that one we're told is still there. >> you have a good memory, kayla. thank you very much. very sad story there. kayla tausche. >>> new proof today despite a still struggling economy consumers are still spending hundreds of millions of dollars on entertainment. staggering figures on a new smash movie and a new smash video game. julia boorstin is crunching numbers in l.a. hi....
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. >> in 1997 after bill clinton got re-elected but before lewinsky, the republicans tried to do the same thing on chinese fund-raising. remember that? they spent the better part of a year trying to turn this into a huge scandal. there's actually a little more to that one than there is to this. this is just exploiting a tragedy for political purposes. >> and here is the great irony. john mccain, who seems like he's the big whistle-blower, going after susan rice yesterday, compare what he said about susan rice yesterday with what he said about another foreign policy expert, in this case condoleezza rice, back in 2005. here is mccain on susan rice. take a listen. >> susan rice should have known better, and if she didn't know better she's not qualified. she should have known better. i will do everything in my power to block her from being the united states secretary of state. >> okay. mortal sin, deal breaker, end of her career because john mccain said she had gotten the wrong brief and delivered the wrong brief. however, mccain had a very different reaction back in 2005 when condoleezza ric
. >> in 1997 after bill clinton got re-elected but before lewinsky, the republicans tried to do the same thing on chinese fund-raising. remember that? they spent the better part of a year trying to turn this into a huge scandal. there's actually a little more to that one than there is to this. this is just exploiting a tragedy for political purposes. >> and here is the great irony. john mccain, who seems like he's the big whistle-blower, going after susan rice yesterday, compare...
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-- bill clinton say? >> i liked it because he was on a partisan basis, pointing out what added up and what did not, but they were all chaptering for arrhythmia tick. both sides have to realize it has to add up, and it's not just sound bites on tv. the last thing i say that gives me hope, i marched through the bills, they were real bills that were passed, real sized, complicated bills, 52-75 votes in the u.s. senate. we beat the filibuster and got it done. that should be hope that a debt deal is possible in the senate and on some of the bills, majority of them, after we got them down, there was pressure on the house to get it.pro. there's a group of us supportive of the debt commission report, don't agree with everything in it, but continue to push and meet, and it's somewhere between depending on the day, 40-55 senators or so that's meeting off and on for the lastñ&r yearo push it through. there's a devotion to getting it done in the senate. >> you have senior republicansñr like paul ryan saying it's no
-- bill clinton say? >> i liked it because he was on a partisan basis, pointing out what added up and what did not, but they were all chaptering for arrhythmia tick. both sides have to realize it has to add up, and it's not just sound bites on tv. the last thing i say that gives me hope, i marched through the bills, they were real bills that were passed, real sized, complicated bills, 52-75 votes in the u.s. senate. we beat the filibuster and got it done. that should be hope that a debt...
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. >> reporter: in the 1990s, there was a presidential endorsement as president bill clinton included a twinkie in the millennium time capsule. in the youtube age, we have seen the twinkie put to the test, for shelf life, toughness and microwavability. >> that looks like a turd. >> reporter: but now the twinkie needs someone to come to its rescue or we'll have to say good-bye to the twinkie for good. >> oh, boy. >> so sad. i need a tissue. >> i know. i know. i know. so, alison, nice job on that, i like the look back and the music. walk us through what is happening. a lot of people are out of work, we're la meanting about the twinkie being gone, but lite a f people are losing jobs. >> they're losing their jobs. hostess, you go on the website, look, we're closing our doors. what they're doing, they're asking for access to $75 million to go toward winding down the biz and that includes money to pay its employees it needs to liquidate. it is going to be keeping its doors open and a few employees on long enough to get the last remaining product out the door to the stores and, you know, tho
. >> reporter: in the 1990s, there was a presidential endorsement as president bill clinton included a twinkie in the millennium time capsule. in the youtube age, we have seen the twinkie put to the test, for shelf life, toughness and microwavability. >> that looks like a turd. >> reporter: but now the twinkie needs someone to come to its rescue or we'll have to say good-bye to the twinkie for good. >> oh, boy. >> so sad. i need a tissue. >> i know. i know. i...
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president, i knew bill clinton. [laughter] our ideas work, their ideas don't. the last four years our economy has grown 1.5% a year. that is less than half the historical average. for 70 years, we have averaged 3.3% growth a year. now, this president is fond of saying he inherited the worst economy in the history of the universe. [laughter] >> and everything by the way, is george w bush's fault. he doesn't have much historical memory when he makes that argument. any of all remember 1978, 1979, double-digit unemployment, 22% interest rates, gas lines, stagflation. in 1980, a very, very different president got elected. ronald reagan like barack obama inherited a struggling economy. and reagan implemented policies 180 degrees opposite those of obama. instead of jacking up taxes, he slashed taxes. instead of exploding spending and the debt, he restrained the growth of spending and instead of unleashing the hounds of regulators, by the way, when i think of regulators, i can't help thinking of mr. burns saying "release the hounds!" [laughter] >> instead of releasing
president, i knew bill clinton. [laughter] our ideas work, their ideas don't. the last four years our economy has grown 1.5% a year. that is less than half the historical average. for 70 years, we have averaged 3.3% growth a year. now, this president is fond of saying he inherited the worst economy in the history of the universe. [laughter] >> and everything by the way, is george w bush's fault. he doesn't have much historical memory when he makes that argument. any of all remember 1978,...
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one way of addressing our problems quickly is for that bill to pass through the congress, through the house. >> other questions? right here. >> the question for you is, if you listen to what former president clinton said before the third debate or what labor secretary rice said, they both said the same version of the following. for the markets, for the long- term sustainability of the economy, we have to fix the deficit -- fix the deficit. denton said is, let's go ahead and get the deal and make it -- what clinton said is, let's go ahead and make the deal and make it ironclad. we need continuation of stimulus, which is effective of what he said when he was standing the economy, we by obama's sidedo yn they extended the bush tax cuts. that we need to have a grand bargain and it needs to go into effect right away? or do you agree with this, get the grand bargain, but delayed for a year or two, as the people on the democratic side of the debate have argued? >> my job is economic policy adviser. i am best at leading the policy -- politics to someone else. as an economist, the right strate
one way of addressing our problems quickly is for that bill to pass through the congress, through the house. >> other questions? right here. >> the question for you is, if you listen to what former president clinton said before the third debate or what labor secretary rice said, they both said the same version of the following. for the markets, for the long- term sustainability of the economy, we have to fix the deficit -- fix the deficit. denton said is, let's go ahead and get the...
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meantime, former chief of staff for bill clinton bowles on closing bell yesterday talking about the long-term consequences of the fiscal cliff. >> if we do get our house in order, the future of america is bright and can compete with the best and brightest wherever they are. if we don't, we're on our way to becoming a second-rate power. >> joined by illinois congressman peter ross couple. he sits on the ways and means committee and joins us with john harwood and myself at the white house. congressman, good morning. >> hey, good morning, great to be with you. >> we already have the president wishing the speaker a happy birthday. i guess baby steps. right? how do you think the tone is shaping up today? >> i think the tone is good. look. president obama won on tuesday last. the speaker of the house congratulated him and lid out a pathway for the president to lead the nation on how to avoid the fiscal cliff and transform us in to the world class status we want to stay and maintain. so far i think the language is good. there's opportunities i think to find common ground. there's no voices on the re
meantime, former chief of staff for bill clinton bowles on closing bell yesterday talking about the long-term consequences of the fiscal cliff. >> if we do get our house in order, the future of america is bright and can compete with the best and brightest wherever they are. if we don't, we're on our way to becoming a second-rate power. >> joined by illinois congressman peter ross couple. he sits on the ways and means committee and joins us with john harwood and myself at the white...
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>> well, i'm never wrong, bill. >> bill: there is the answer. you agree with him, right? >> the easter bunny running across the studio. i agree 100%. initially he hid behind susan rice, then hillary clinton's skirts or pant suits or whatever. this was a totally manufactured chill russ umbrage. it's like why are you picking on my girl? it's insult to go women also what he's doing and it was a way to change the subject and to take the moral high ground. >> bill: you both think is a complete phony manufacture. some of you are going to get mad at me because today a c.i.a. guy came out who testified in front of a house deal and said we told ambassador rice, we told her, c.i.a. told her that it was a spontaneous deal. so it's on us. why that took two months plus for them to say, i don't know. petraeus testifies tomorrow. maybe we'll find out. but maybe, maybe it isn't rice's fault. >> it goes back to the time. it was ohm one question, who pushed the video and they've been work backwards, reverse engineering their story. so finally they got to the c.i.a. >> bill: so you don't be
>> well, i'm never wrong, bill. >> bill: there is the answer. you agree with him, right? >> the easter bunny running across the studio. i agree 100%. initially he hid behind susan rice, then hillary clinton's skirts or pant suits or whatever. this was a totally manufactured chill russ umbrage. it's like why are you picking on my girl? it's insult to go women also what he's doing and it was a way to change the subject and to take the moral high ground. >> bill: you both...
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president has called for and will not be affected and what way to address problems quickly is for that bill to pass through the house. >> the qwest tsin is a few list into what president clinton said overt secretary rate to said that the same version of for the long term sustainability we have to fix the deficit. clinton said that this get the deal to make it ironclad but delay its one-year or two. right now we a continuation of simulation. but do you agree with the conversation to have a grand bargain in to defect right away? o.r. do you agree so as some people. >> my job is economic policy adviser. as an economist, the right strategy is to get our hasselhoff's and order. and to show that we can do those commitments will require additional revenue along with cuts. we want to help in the short term. the president proposed tax cut is to help in the short run. good group with the lowest marginal propensity consumed and the cbo released report which concluded extending the middle-class tax cut would create one point* 6 billion jobs compared to allowing them to expire. that mrs. the fact if you
president has called for and will not be affected and what way to address problems quickly is for that bill to pass through the house. >> the qwest tsin is a few list into what president clinton said overt secretary rate to said that the same version of for the long term sustainability we have to fix the deficit. clinton said that this get the deal to make it ironclad but delay its one-year or two. right now we a continuation of simulation. but do you agree with the conversation to have a...